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Ample supplies, weak global demand growth to cap oil prices in 2020: IEA

The global oil market is expected to be well-supplied in 2020 and demand growth could stay weak, keeping a lid on prices, the head of the International Energy…

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Ample supplies, weak global demand growth to cap oil prices in 2020: IEA
The global oil market is expected to be well-supplied in 2020 and demand growth could stay weak, keeping a lid on prices, the head of the International Energy Agency told Reuters on Friday. “We are expecting a demand growth of slightly higher than 1 million barrels per day,” said the IEA’s executive director, Fatih Birol, […]

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